Union Homes REIT’ NAV hits 4-year low on vacant properties

How poverty, low income ambush households access to mortgage

Union Homes Real Estate Investment Trust, a Lagos-based real estate fund manager, recorded the biggest decline on its funds’ net asset value (NAV) in four years, driven by non-occupancy of key properties. NAV, which represents the value of a fund’s assets less liabilities, contracted by some

```

Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```